NSEGeneral Updates3 Nov 2026 · 3 Nov 2026, 07:23 am
General Updates
Meesho Limited · MEESHO
✦ AI SummaryFundraise
Meesho Limited has informed the Exchange about an additional investment in its wholly owned subsidiary Meesho Payments Private Limited (MPPL) through a rights issue. The Company has subscribed to 1,14,28,571 equity shares of Re. 1/- each at a premium of Rs. 349/- each, amounting to INR 3,99,99,99,850. The investment is intended to support the overall business operations and growth of MPPL, enabling it to enhance its capabilities, scale its operations, and effectively meet its business and regulatory requirements.
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Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Meesho Limited has informed the Exchange under Regulation 30 of SEBI (LODR) Regulations, 2015 - Updates on Acquisition.
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MEESHO LIMITED
(Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”)
CIN: L74900KA2015PLC082263
Registered Office: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village,
Varthur Hobli, Outer Ring Road, Bengaluru, Karnataka 560103
T: +91 9108021923 | E: cs@meesho.com | W: www.meesho.com
November 03, 2026
To, To,
Listing Department Department of Corporate Services
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (East), Mumbai - 400 051 Mumbai - 400 001
Symbol: MEESHO Scrip Code: 544632
Dear Sir / Madam,
Subject: Intimation of additional investment through Rights Issue in Meesho Payments Private Limited (‘MPPL’), a
wholly owned Subsidiary of the Meesho Limited (the “Company”)
Ref.: Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 as amended (“SEBI Listing Regulations”)
Pursuant to the provisions of Regulation 30 of SEBI Listing Regulations and in continuation with our intimation dated October
28, 2026, w.r.t Outcome of Board Meeting of the Company, we wish to inform you that, the Company has made an additional
investment in MPPL, a wholly owned subsidiary of the Company, by way of subscribing 1,14,28,571 fully paid-up equity
shares of Re. 1/- each through a rights issue.
The relevant disclosure as required under Regulation 30 of the SEBI LODR read with SEBI Master Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure - A.
The aforesaid information will also be made available on the Company’s website at: www.meesho.com
You are requested to take the above information on record.
Thanking you,
For Meesho Limited
(Formerly known as Meesho Private Limited and Fashnear Technologies Private Limited)
Rahul Bhardwaj
Company Secretary and Compliance Officer
Membership No.: A41649
Encl.: As above
MEESHO LIMITED
(Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”)
CIN: L74900KA2015PLC082263
Registered Office: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village,
Varthur Hobli, Outer Ring Road, Bengaluru, Karnataka 560103
T: +91 9108021923 | E: cs@meesho.com | W: www.meesho.com
ANNEXURE - A
Disclosure under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
S. No Particulars Meesho Payments Private Limited
1 Name of the Target Company, details in Name of the entity: Meesho Payments Private Limited (‘MPPL’),
brief such as size, turnover, etc.; wholly owned subsidiary of the Company.
The turnover and net profit/loss of MPPL as on March 31, 2026, are
as follows:
Turnover: INR. 1,104.65 lakhs
Net loss: INR. 2,465.22 lakhs
2 whether the acquisition would fall within MPPL, being a wholly owned subsidiary, is a related party of the
related party transaction(s) and whether the Company. The transaction falls within the ambit of related party
promoter/ promoter group/ group companies transactions and is at arm’s length.
have any interest in the entity being
acquired? If yes, nature of interest and Mr. Vidit Aatrey and Mr. Sanjeev Kumar, promoters of the Company,
details thereof and whether the same is done are also directors on the Board of MPPL. Further, Mr. Vidit Aatrey
at “arm’s length”; holds one equity share in MPPL as nominee of the Company. Save
and except for the above, none of the promoters, promoter group
entities or group companies of the Company have any interest in
MPPL.
The Company is interested in the transaction to the extent of its
shareholding in MPPL.
3 Industry to which the entity being acquired Lending Service Provider (‘LSP’)
belongs;
4 Objects and impact of acquisition (including The investment by the Company is intended to support the overall
but not limited to, disclosure of reasons for business operations and growth of MPPL, enabling it to enhance its
acquisition of target entity, if its business is capabilities, scale its operations, and effectively meet its business and
outside the main line of business of the regulatory requirements.
listed entity);
The infusion of funds is expected to facilitate expansion of MPPL’s
activities, improve operational efficiency, and support the
development of its offerings in line with the evolving needs of the
business and the market.
5 Brief details of any governmental or Not Applicable.
regulatory approvals required for the
acquisition;
6 Indicative time period for completion of the The equity shares were allotted on November 02, 2026
acquisition;
7 Consideration - whether cash consideration Cash consideration
or share swap or any other form and details
of the same;
8 Cost of acquisition or the price at which the INR 3,99,99,99,850 comprising of 1,14,28,571 Equity Shares of
shares are acquired; face value of Re. 1/- each at premium of Rs. 349/- each
9 Percentage of shareholding/ control The Company’s shareholding in MPPL will continue to remain at
acquired and/or number of shares acquired; 100% and MPPL will continue to remain wholly owned subsidiary
MEESHO LIMITED
(Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”)
CIN: L74900KA2015PLC082263
Registered Office: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village,
Varthur Hobli, Outer Ring Road, Bengaluru, Karnataka 560103
T: +91 9108021923 | E: cs@meesho.com | W: www.meesho.com
of the Company.
10 Brief background about the entity acquired Brief Background:
in terms of products/line of business
acquired, date of incorporation, history of Particulars MPPL
last 3 years turnover, country in which the
Date of Incorporation April 25, 2019
acquired entity has presence and any other
Country of Presence India
significant information (in brief);
Line of Business Lending Service Provider (‘LSP’)
Turnover of last 3 financial years:
(INR in Lakhs)
Year MPPL
2025-26 1,104.65
2024-25 235.61
2023-24 19.95
Any other significant information: Nil